Greenstone Resources Meets High-Grade Mineralisation at Burbanks

THE DRILL SERGEANT: Greenstone Resources (ASX: GSR) intersected multiple zones of visible gold at Burbanks North, part of the company’s 100 per cent-owned Burbanks gold project south of Coolgardie in Western Australia.

Greenstone Resources reported its most recent hole has demonstrated three discrete zones of mineralisation with visible gold observed within a broader sheared zone extending over 42 metres down hole.

Results include:

BBRC338D
1.5 metres at 43.7 grams per tonne gold from 405.9m, including 0.5m at 113g/t gold from 405.9m;
2.2m at 17.1g/t gold from 399.8m, including 0.6m at 54.1g/t gold from 400.1m; and
1.05m at 22.4g/t gold from 421m, including 0.6m at 33.3g/t gold from 421.4m.

“Following two new discoveries late last year which served to extend the known mineralised strike horizon at Burbanks to over 4.5 kilometres, we are pleased to also confirm that mineralisation at Burbanks North remains open to at least 250 metres below surface,” Greenstone Resources managing director and CEO Chris Hansen said in the company’s ASX announcement.

“Importantly, the recent intercept in BBRC338D, in conjunction with the historical shallow drilling already completed, continues to reaffirm the new exploration model for Burbanks North and the potential for future high-grade resource additions here.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greenstoneresources.com.au

 

Web: www.greenstoneresources.com.au